🚀 $ETH Technical Analysis August 12, 2025: PRICE STANDS AT $4,475.95 WITH BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: $4,475.95 USDT • Moving Averages (MAs) indicate a bullish trend with EMA(7) at 4,363.58, EMA(25) at 4,213.80, and EMA(99) at 3,879.68, showing price above all key EMAs. • Volume is strong at 748.24M ETH (252.24B USDT), with a 3.02% increase, reflecting significant market interest and bullish activity. • MACD shows a bullish trend with DIF at 111.93, DEA at 108.50, and MACD at 3.43, indicating increasing bullish momentum. • RSI values suggest a neutral to overbought zone, with RSI(6) at 75.12, indicating strong bullish momentum with potential overextension.
📊 Important Levels to Watch 🔼 Resistance Levels: $4,486.66 $4,500.00 $4,600.00 🔽 Support Levels: $4,363.58 $4,213.80
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $4,486.66 ☑️ Entry Point: $4,490.00 (enter if price breaks above $4,486.66 with bullish momentum confirmation) 🎯 Price Target: TP1: $4,500.00 TP2: $4,600.00 🛑 Stop Loss: $4,480.00 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above $4,486.66, increasing volume, RSI(6) rising above 80, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Drop below $4,363.58 ☑️ Entry Point: $4,350.00 (enter if price falls below $4,363.58 with bearish momentum confirmation) 🎯 Price Target: TP1: $4,213.80 🛑 Stop Loss: $4,370.00 (above the support level) ⚠️ Confirmation: Watch for a strong bearish candle close below $4,363.58, declining volume, RSI(6) dropping below 70, and MACD confirming bearish momentum.
📌 Suggestion to Open Positions Today: The current price action reflects strong bullish momentum with a 3.02% increase and RSI(6) nearing overbought levels. A breakout above $4,486.66 could signal further upside, while a drop below $4,363.58 might indicate a pullback. Monitor volume and RSI for confirmation before entering positions.